Companies

U.S. intimate apparel giant, under the leadership of Hillary Super since 2024, wraps up the period with sales hitting $1.471 billion. Third-quarter losses are pegged at $31.34 million.

The beauty conglomerate is set to diversify its geographical reach amid softening consumer demand in the US and China, aiming to expand its market share, rejuvenate its brand, and attract a broader audience base.

French shipping company to resume operations in the Red Sea, joining Maersk’s recent announcement. The Suez Canal Authority confirms safe passage amid current ceasefire conditions.

The American company revamps its strategic blueprint following the divestment of its Italian brand. According to John Idol, the sale provides financial leverage to accelerate the growth of both Michael Kors and Jimmy Choo.

The U.S. judicial system has ruled in favor of Adidas, concluding that the company did not deceive its investors about antisemitic conduct, highlighting that the inherent risk in partnering with controversial celebrities like Kanye West was evident.

In light of a lawsuit from heir Nicolas Puech, the French luxury group has denied allegations of redirecting Hermès shares, linking the missing stocks to managerial actions and LVMH’s landmark 2010 acquisition.

The Italian luxury giant faces allegations of labor exploitation involving its subcontractors, prompting an investigation. Concurrently, police have raided thirteen luxury firms, probing similar concerns.

The company sustains its upward sales trajectory with a 1.74% increase in Q3, yet faces a gross margin decline to 56.3% from 58.4%, influenced by tariffs, discounts, and overall cost hikes.

The ecommerce conglomerate slashes its seller fees in Europe by 2% to 5%, enabling them to better compete on pricing against major rivals Shein and Temu.

Inditex’s CEO emphasizes that “growth is in our hands,“ highlighting diversification and selective expansion, with the United States identified as a key market in the company’s global strategy.

The Spanish fashion retail group ended the period with sales of 28,171 million euros. Excluding the impact of currency, growth would have been 6.2% in the first three quarters of 2025.

Spanish retail titan bolsters its strategic oversight by integrating six notable figures from politics, diplomacy, and academia alongside the Italian leader.

Aiming to broaden its U.S. footprint, the Spanish retail powerhouse will introduce two fresh locations of its youth-centric fashion brand in Miami come 2026. Previously, the company’s stateside presence was marked by 99 stores, solely under the Zara and Massimo Dutti banners.